215 N 6th StPonchatoulaLA70454
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,508/mo, and a $2,765/mo payment. Purchase price stands at $565,000, and rental yield measures 5.33% with $2,508/mo rent. Return on cash invested shows 13.66% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 69.32% and total cumulative return in cash records $128,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,508/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 1913
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70454, Ponchatoula, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,026 (100%) |
| Owner Occupied HU | 11,220 (74.7%) |
| Renter Occupied HU | 2,717 (18.1%) |
| Vacant Housing Units | 1,089 ( 7.2%) |
| Median Home Value | $234,027 |
| Average Home Value | $258,589 |
Housing Distribution
Address Breakdown
Residential
14,785
Single Family
14,597
Multi-Family
188
Businesses
610
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Listed by: Katie Welty Bergeron • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2503645
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.